Boxabl

Mass Production Building System

Boxabl

Mass Production Building System

Las Vegas, NV
Business to Business
Boxabl has created a building system that's compatible with scalable factory mass production. Our mission is to significantly lower the cost of homeownership for everyone. Obsessively designed to the highest standards of quality, strength, and sustainability to last for generations.

$3,911,431

raised
$1,070,000
previously crowdfunded
2,547
Investors
$226M
Valuation
$0.71
Price per Share
$499.84
Min. Investment
Preferred
Shares Offered
Equity
Offering Type
$3.93M
Offering Max
16
Days Left

$3,911,431

raised
$1,070,000
previously crowdfunded
2,547
Investors
$226M
Valuation
$0.71
Price per Share
$499.84
Min. Investment
Preferred
Shares Offered
Equity
Offering Type
$3.93M
Offering Max
16
Days Left

Rewards

Get rewarded for investing more into Boxabl:

$3,000+
Investment
First Tier
Boxabl pays your first Casita mortgage payment (Casita portion only, not land or installation).
$5,000+
Investment
Second Tier
Get $500 off MSRP on your Casita
$7,500+
Investment
Third Tier
Get listed on website as Boxabl certified installer (after training)
$10,000+
Investment
Fourth Tier
Get $1,000 off MSRP on your Casita
$15,000+
Investment
Fifth Tier
Move to the priority waitlist. Get early access to a Casita beta testing program.
$25,000+
Investment
Sixth Tier
Get $2,500 off MSRP on your Casita
$40,000+
Investment
Seventh Tier
Get $4,000 off MSRP on your Casita
$50,000+
Investment
Eighth Tier
Priority waitlist for distribution, dealer program
$100,000+
Investment
Ninth Tier
Priority waitlist for Boxabl factory franchise
$107,000+
Investment
Tenth Tier
$107,000+ Get a 10% discount off MSRP on a 20 Boxabl order

Reasons to Invest

Our building modules (currently in the pre-production phase) are easily shippable, factory manufactured, and engineered for endless custom configurations. We already have over 20,000 reservations for the product and approximately 2,000 paid deposits. The US federal government is our first initial customer with an order of ~$9.2 million.
We are currently launching a 170,000 square foot factory with the capacity to produce thousands of easily shippable homes and millions in revenue.
This is one of the only building systems compatible with automobile-style factory mass production, protected by 17+ patent filings and growing. We are ready to disrupt the massive and outdated trillion dollar building construction market.

“Our mission is to mass produce upscale, low cost housing on a worldwide scale.” 

The Problem


Housing Construction Is Stuck in the Past

Most modern products are mass produced on an assembly line, lowering costs and increasing availability (Source). However, housing is still built by hand, making construction expensive and leading to global housing shortages (Source).

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* Source

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We are ready to bring housing construction into the modern era.

The Solution


A Factory for Mass-Produced Housing

We have made it possible to mass produce housing in a factory through shipping and manufacturing innovations. Our room module, the Casita, folds up to a shippable dimension, and upon arrival unfolds and sets up to a complete house in just a few hours. Although it has many use cases, right now our market focus is backyard houses in California. 

GIF

*Rendering of Boxabl. Images are computer generated demo versions.

Now, we are setting up a house factory. We are in the final stages of setting up 170,000 square feet of factory space in Las Vegas for a plant that produces 2,000-4,000 homes per year.


The Market


Demand for Accessory Dwelling Units Is Growing*

Backyard accessory dwelling units (ADU) are increasing in popularity in California  and other places due to new laws that streamline the permitting process and allow construction in more places (Source). We have already received interest from customers for Casitas that will far exceed our ability to supply product for the next several years. 


In addition, our initial orders from the federal government indicate to us that a large part of our demand could come from the federal government to supply FEMA, the military, HUD and more.

Source

GIF

*Rendering of Boxabl. Images are computer generated demo versions.

The planned Boxabl building system should be able to construct almost any building type, expanding our future total attainable market size in the multi-trillion global building construction market. While most buildings are still built by hand, one at a time, we hope that our building system can change this and bring building construction into the factory.

Source

Our Traction


We Have the Demand and We’re Ready for the Factory

Our product has already received enthusiastic demand from potential customers: 


  • Over $1 billion in potential revenue for “reserved” Casitas by over 20,000 potential customers in less than one year.

  • About 10% of these reservations include deposits paid. These customers alone have a potential of $100,000,000+ in revenue. 

  • We have received 2 purchase orders from ADS, Inc., to deliver 156 homes to the federal government. 

In order to meet this demand, we have the following plans: 


  • Open an initial production facility of ~170,000 sq ft projected to produce 3,000 Casitas annually by 2022, with potential $180,000,000 in revenue, with $134M in cost of goods sold and expenses.

  • Partner with Volkswagen Groups Porsche Consulting Inc. for the design and implementation of Boxabl’s new factory

  • Plan for worldwide expansion using other people's capital via a partner factory model. 100+ individuals and companies indicated interest in opening partner factories in almost every major country.  

Our innovative system is protected by 17+ patent filings and growing. All patent filings are owned by Built IP, LLC, which is owned by Paolo Tiramani.

What We Do


We Build High Quality, Shippable Housing

Our flagship product is called the Casita. It's our smallest room module, 20x20, fitted out as a studio apartment. 


*Rendering of Boxabl. Images are computer generated demo versions.

GIF

*Rendering of Boxabl. Images are computer generated demo versions.

The Casita is expected to sell for $50,000. . It can be set up in someone's backyard in less than a day. The product is planned to include washer, dryer, fridge, stove, bathroom, kitchen, electric, HVAC and more. Just add your bed or couch and you have a turnkey, ready-to-go home. 


*Images used in this video are in the pre-production phase, Casita is not currently available on the market.


Our testing indicates the Boxabl Casita should be more durable, energy efficient, higher quality and more upscale than traditional buildings. These are stronger, safer, and more sustainable buildings. 


The product doesn't end at the Casita. We have engineered an entire building system where different sized room modules stack and connect to create any building type on the planet.

*Rendering of Boxabl. Images are computer generated demo versions.

The Business Model


Turning Housing into a Factory Product

We plan to mass produce room modules in the factory and then sell them to builders and developers who permit and install them. Right now, we are focused on the Accessory Dwelling Unit market in California, but our innovative design means Boxabl can be used to construct most building types. 

How We Are Different


Shipment, Manufacturing, and Customization

None of our factory-built housing competitors appear to have a shipping solution like us, and most are just building houses the old way, with the same materials and methods, but doing it inside a warehouse. We decided to do things differently. 

SHIPMENT

Our first innovation was to solve the shipping problem through our foldable building modules. We believe that if you can't ship a product easily and affordably then it doesn't make sense to build it in a factory. This is one reason why modular construction has failed to gain market share and why many buildings are still built one at a time, by hand, in the field. 

GIF

MANUFACTURING

After we solved the shipping problem, we tackled the building materials and manufacturing processes. Our new design allows for faster production with less components. 

Materials will be pre-cut and shaped using computer controlled equipment, and our factory will be upgraded with robot arms and other automation using automobile manufacturing principles. From preparation of the materials all the way to installation of the buildings, we have found opportunity for innovation at every step of the process.

CUSTOMIZATION

We plan to mass produce the same rooms in a few sizes and internal configurations, but they can be combined to create endless building types. While efficient factories thrive on repeatability, we have created a system where we mass produce standardized room modules that stack and connect in the field.

These are architecturally neutral universal building blocks where 90% of the heavy lifting is done by Boxabl. The builder can combine them to create endless combinations of buildings. If the builder chooses, they can add decks, architectural finishings and different roof pitches. The possibilities are endless.

The Vision


Combating Global Housing Shortages Through Worldwide Expansion

Our plan is to scale worldwide using a “partner factory model.” We will take our branding, quality control, intellectual property, custom equipment, custom raw materials, plus more, and share it with partners who will start their own factories around the world.


The partners will bring their capital, labor and local market knowledge to set up and operate our closely monitored factories. The Boxabl mothership in Nevada will continue to develop upgrades to our products and manufacturing processes to share this with our partners on an ongoing basis. Using this partner factory model, we plan to continue expanding our reach.

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OUR LEADERSHIP


Experienced  Entrepreneurs Ready to Make a Social Impact

From industrial design and mechanical engineering to entrepreneurship and patent filings, our team’s experience is comprehensive in everything it will take to make Boxabl a success. All patent filings are owned by Built IP, LLC, which is owned by Paolo Tiramani.


Our founders Paolo and Galiano are dedicated to the mission of significantly lowering the cost of home ownership for everyone. They have founded several businesses with large exits and have a proven history of successful projects. 

Why Invest


Isn’t It Time We Build Houses the Way We Build Everything Else?

We have a solution to bring building construction into the modern manufacturing era. We have found innovative ways of making it possible to manufacture, ship, and customize factory-made, high-quality housing. With 20,000 preorders and factory plans underway, we are ready to make sustainable, comfortable housing more available and affordable to everyone.


If you want to solve a global  problem in a multi-trillion dollar market, then get in on the ground floor today.  


THE OFFERING MATERIALS MAY CONTAIN FORWARD-LOOKING STATEMENTS AND INFORMATION RELATING TO, AMONG OTHER THINGS, THE COMPANY, ITS BUSINESS PLAN AND STRATEGY, AND ITS INDUSTRY.  THESE FORWARD-LOOKING STATEMENTS ARE BASED ON THE BELIEFS OF, ASSUMPTIONS MADE BY, AND INFORMATION CURRENTLY AVAILABLE TO THE COMPANY’S MANAGEMENT. WHEN USED IN THE OFFERING MATERIALS, THE WORDS “ESTIMATE,” “PROJECT,” “BELIEVE,” “ANTICIPATE,” “INTEND,” “EXPECT” AND SIMILAR EXPRESSIONS ARE INTENDED TO IDENTIFY FORWARD-LOOKING STATEMENTS, WHICH CONSTITUTE FORWARD LOOKING STATEMENTS. THESE STATEMENTS REFLECT MANAGEMENT’S CURRENT VIEWS WITH RESPECT TO FUTURE EVENTS AND ARE SUBJECT TO RISKS AND UNCERTAINTIES THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE CONTAINED IN THE FORWARD-LOOKING STATEMENTS.  INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE ON THESE FORWARD-LOOKING STATEMENTS, WHICH SPEAK ONLY AS OF THE DATE ON WHICH THEY ARE MADE. THE COMPANY DOES NOT UNDERTAKE ANY OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER SUCH DATE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED EVENTS.

Quick Insert

Offering Summary


Company

:

BOXABL INC.

Corporate Address

:

6120 N. Hollywood Blvd. #104, Las Vegas, NV 89115

Offering Minimum

:

$9,999.64

Offering Maximum

:

$3,929,999.81

Minimum Investment Amount

(per investor)

:

$499.84











Terms


Offering Type

:

Equity

Security Name

:

Series A-1 Preferred Stock

Minimum Number of Shares Offered

:

14,084

Maximum Number of Shares Offered

:

5,535,211

Price per Share

:

$0.71

Pre-Money Valuation

:

$226,249,346.92











Live Offering Perks*

$3,000+ Boxabl pays your first Casita mortgage payment (Casita portion only, not land or installation). 

$5,000+ Get $500 off MSRP on your Casita 

$7,500+ Get listed on website as Boxabl certified installer (after training) 

$10,000+ Get $1,000 off MSRP on your Casita 

$15,000+ Move to the priority waitlist. Get early access to a Casita beta testing program. 

$25,000 Get $2,500 off MSRP on your Casita 

$40,000 Get $4,000 off MSRP on your Casita 

$50,000+ Priority waitlist for distribution, dealer program 

$100,000+ Priority waitlist for Boxabl factory franchise 

$107,000+ Get a 10% discount off MSRP on a 20 Boxabl order 

*All perks occur when the offering is completed.

Irregular Use of Proceeds

Example - The Company might incur Irregular Use of Proceeds that may include but are not limited to the following over $10,000: Vendor payments and salary made to one's self, a friend or relative; Any expense labeled "Administration Expenses" that is not strictly for administrative purposes; Any expense labeled "Travel and Entertainment"; Any expense that is for the purposes of inter-company debt or back payments.

Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$3,803,179.00 USD
$209,989.00 USD
Cash And Cash Equivalents
$3,676,341.00 USD
$115,980.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$3,441,068.00 USD
$209,272.00 USD
Long Term Debt
$167,700.00 USD
$0.00 USD
Revenues And Sales
$90,000.00 USD
$60,000.00 USD
Costs Of Goods Sold
$90,000.00 USD
$60,000.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$1,162,792.00 USD
-$707,547.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Notice of Funds Disbursement

21 days ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Boxabl has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Boxabl be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Boxabl Reg CF investment offering closing soon! Last chance to get one the waitlist. Submit your name now!

2 months ago

In the meantime, check out some videos on the Boxabl website

https://www.boxabl.com/video

GET ON THE BOXABL INVESTMENT WAITLIST ASAP! Dont miss out on future updates from Boxabl. Also, check out this cool video

3 months ago

Did you know Boxabl room modules can stack and connect to create many building types? Checkout this video of us stacking them to create a 2 story! https://youtu.be/aX1TUkX8bxs

Notice of Funds Disbursement

3 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Boxabl has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Boxabl be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

GET ON THE WAITLIST FOR THE BOXABL INVESTMENT! This way you will be the first to know about Boxabl updates!

3 months ago

Things are going smooth at the new factory! We are just about to move in... just a few things left, like buffing the floor!

https://www.instagram.com/p/CQwiUx4F7ZR/

Get on the waitlist and dont miss out on the investment. Boxabl factory open soon! First order is for the USA federal government.

4 months ago

One last step before moving into our new factory... clean the office floors! https://www.instagram.com/p/CQwiUx4F7ZR/

GET ON THE BOXABL WAITLIST. Dont miss out on the investment opportunity. Are you an international investor? Make sure we have your info.

4 months ago

Lots of action lately... setup is going well at the new factory!

Join the Boxabl investor waitlist now! We just hit over 40,000 people reserving a Casita... Make sure you don't miss out on the investment!

4 months ago

Another thing... those 40,000 people reserved many more than 40,000 homes. We think we have demand for Boxabl Casitas that will far exceed supply for many years! 

Here is a great interview done by Boxabl founder Galiano, https://www.youtube.com/watch?v=Ck685sVmdkk

Notice of Funds Disbursement

4 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Boxabl has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Boxabl be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

If you missed this Boxabl investment round, make sure to get on the waitlist! That way you will be first to know about new opportunities.

4 months ago

Setup is going smoothly at the factory checkout this video https://www.instagram.com/p/CP_kFikFGsS/


Add yourself to the waitlist! startengine.com/boxabl

Notice of Funds Disbursement

4 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Boxabl has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Boxabl be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

Notice of Funds Disbursement

5 months ago

[The following is an automated notice from the StartEngine team].

Hello!

As you might know, Boxabl has exceeded its minimum funding goal. When a company reaches its minimum on StartEngine, it's about to begin withdrawing funds. If you invested in Boxabl be on the lookout for an email that describes more about the disbursement process.


This campaign will continue to accept investments until its indicated closing date.


Thanks for funding the future.

-StartEngine

$2.5m raised for Boxabl in less than 10 days! Dont miss out. Our 170,000 ft factory in Las Vegas in coming online soon! $9m Government order and over 30,000 pre orders.

5 months ago

Did you know Boxabl plans to mass produce a building system that can build almost any building type almost anywhere on the planet?

Dont forget to buy shares in Boxabl at $0.71 each

Checkout this video of our vision.

https://youtu.be/IG7yXUhrR9o


1,000 investors and growing! Invest in Boxabl now.

5 months ago

Great news! In just a few days we have raised $1.6m

If you are interested in becoming a Boxabl investor, please hurry! Our last Reg CF offering was oversubscribed very quickly and people that missed out weren't happy!



If you haven't heard the full pitch on Boxabl... check this out  https://www.youtube.com/watch?v=qVV6CyGJgZo



For a tour of our new factory.. check this out https://youtu.be/-ATTsI0BOvg



If you have any questions... please leave a comment. 

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